THE recent ‘stability’ of the local currency — the ZiG — is masking growing underlying exchange rate pressures, a local stockbroking firm Investiq Oak Wealth (Investiq) has said. In its latest economic outlook report, Investiq noted a “mild upward adjustment” in the interbank rate (IBR) in April 2025. The difference between the official rate and…
‘Artificial’ ZiG stability masks exchange rate pressures
